Derry firm files Chapter 7


Furniture, Fixtures and Equipment filed Chapter 7 bankruptcy last week, citing more than $880,000 in debts to companies all over the United States. Some $669,000 of the debts are unsecured. The company also owes $213,000 on its mortgage. The company had been located at 33 Londonderry Road in Derry since 2000, and apparently shut down in April of last year. It served as a dealer for a number of equipment suppliers across the states. Its largest creditor is Art Metal Products in Florida ($164,000) and Performance Sports Systems ($105,000), an Indiana firm that sells athletic equipment. Clifford A. Sharpe, a Derry resident listed as the sole owner, could not be reached for comment at NHBR Daily’s deadline. -- NHBR STAFF REPORT
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